Inauguration of Li-ion and Ni-MH Battery Factory in Nam Dinh Vu Industrial Park with investment capital of 20 million USD

(HPĐT)- On the morning of January 17, comrade Le Trung Kien, member of the Standing Committee of the City Party Committee, Head of the HAI PHONG ECONOMIC ZONE AUTHORITY, attended the inauguration ceremony of the Li-ion and Ni-MH Battery Factory of Exquisite Power Vietnam Science and Technology Company Limited.

Delegates performed the inauguration ceremony of the Factory of Exquisite Power Vietnam Science and Technology Company Limited.

Speaking at the inauguration ceremony, Mr. Le Trung Kien, Head of HAI PHONG ECONOMIC ZONE AUTHORITY, praised and recognized Exquisite Power Vietnam Science and Technology Co., Ltd. for implementing the Li-ion and Ni-MH Battery Installation System Project on schedule, which clearly demonstrates the successful development of the investor in Hai Phong city. With the main goal of producing Li-ion and Ni-MH batteries on a factory area of ​​13.650 m2 with a total investment of 20 million USD, the project not only focuses on meeting the increasing demand of the world market and the Vietnamese market, but also contributes to the shift in economic structure, creating job opportunities for local workers, increasing income for workers, and ensuring social security.

Comrade Le Trung Kien, Head of HAI PHONG ECONOMIC ZONE AUTHORITY, Hai Phong presents gifts Exquisite Power Vietnam Science and Technology Company Limited on the occasion of the factory inauguration.

Comrade Le Trung Kien affirmed that China is one of the important partners of Vietnam in general and Hai Phong in particular in many fields. Regarding economic cooperation, China ranks second in total investment capital by nationality, among 2 countries and territories investing in Hai Phong. Up to now, Hai Phong has 42 projects of Chinese investors with a total investment capital of 241 billion USD (accounting for 6% of total FDI capital in industrial parks and economic zones). Vietnam in general and Hai Phong city in particular always support Chinese enterprises, identifying China as a top priority, key and strategic market in the process of cooperation, promoting economic, trade and investment exchanges.

The Head of the HAI PHONG ECONOMIC ZONE AUTHORITY suggested that in the coming time, the investor should continue to promote the achieved results, promote effective and sustainable activities; actively coordinate with the city in human resource training activities; social security activities for workers. In particular, he suggested that the company research and select modern technological solutions in production, which are environmentally friendly, aiming to reduce emissions in production, accompanying Hai Phong city on the green transformation journey in industrial production. On the part of Hai Phong city, the city government and the HAI PHONG ECONOMIC ZONE AUTHORITY, together with departments, branches and sectors, pledged to continue to support, accompany, closely follow and assist the company throughout the project's operation.

A representative of Exquisite Power Vietnam Science and Technology Co., Ltd. said that in July 7, Highpower Technology Group decided to build a factory in Vietnam and established Exquisite Power Vietnam Science and Technology Co., Ltd. The construction of a factory in Vietnam is not only part of the group's international development strategy, but also carries an important mission in optimizing the upstream and downstream supply chain, enhancing global supply capacity. The company is committed to promoting environmental, social and governance (ESG) standards, ensuring that the factory not only brings economic efficiency but also focuses on green business operations and sustainable development in Vietnam./.

Source: Hai Phong Newspaper